Summary
Date Posted: Saturday, December 17, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose:
The Finance Manager will be responsible for providing transactional, administrative and compliance (statutory, tax) support services. The Manager will also strengthen and improve the finance and accounting function, processes and procedures, internal controls and provision of information for management decision making, and conduct financial risk management.

Principal Accountabilities
01 Support in Strategic business planning and review.
• Support all departments during Project and organizational planning and implementation of budgets and forecasts.
• Provide relevant and reliable financial data, analysis, and insights for strategy reviews.
• Prepare and submit to the Senior Manager Periodical Project financial performance for use with internal management and external parties.

02 Managing Payments, Payroll and Compliance
• Oversee the proper and prompt preparation of the payroll.
• Ensure statutory returns to the URA, NSSF, and Local Government are prepared in time.
• Ensure compliance with financial policies, procedures, grant conditions, and donor’s financial requirements.
• Determine terminal benefits for the exiting staff as per URCS policies.
• Review payments vouchers and confirm that they have the requisite support documents
• Ensure timely disbursements of funds to field offices and branches.

03 Financial Management.
• Prepare and share Periodical working advance reports and distribute it to the Senior Manager Finance and the budget holders.
• Support the finance team in ensuring that the program manager’s/project managers submit accountabilities that are appropriately supported.
• In liaison with the Senior Manager Finance, manage the cash flows of the organisation and ensure that the organisation does not get into liquidity problems.
• Ensures accurate and timely recording of financial transactions.
• Enforces compliance with financial policies and procedures.

04 Financial Reporting.
• Prepare Periodical financial statements to management and partners.
• Support in the process of preparing and presenting URCS’s financial and management accounts to management and the Board.
• Supports the Senior Manager Finance to implement, and enforce effective Management Accounting Policies
• Procedures and Processes that ensure achievement of set financial targets including cost control.
• Support the Senior Manager in setting up a system of consolidation of financial reporting from the operating divisions.
• Ensure officers under your care, carry out month end procedures. that include but not limited to the following, Bank
• Reconciliation, all ledgers reconciliations, inter project transactions.

05 Budget Management and Support
• Supports the budgeting and approval processes company-wide.
• Supports in ensuring that departments adhere to their budgets by not exceeding budget limits or spending funds on dis-allowable/non-budgeted items.
• Track budget performance and notify budget holders when their department’s or project’s budget performance starts to lag behind expected utilisation or burn rate.
• In liaison with the Senior Manager, report to partners/donors about project budget utilisation, and provide other financial reports to them, as per set reporting timelines.
• Share periodical Budget variance reports to programs and Senior manager for all projects under your supervision.

06 Financial Risk Management
• Partake in the implementation of the risk management process for the department.
• Ensure that financial controls are implemented and that they remain relevant – through suggesting modifications to them – so they can continually mitigate financial risks adequately.
• Participate and contribute to fraud risk assessments.
• Ensure full participation in project and National audits
• Support the finance Team in ensuring that proper book keeping and document filling is done.

07 People management
• Support the directorate in the recruitment of the staff
• Support in setting up management performance goals for staff under your supervision.
• Recommend and coordinate training programs for the directorate staff.
• Ensures good order and discipline of staff under his/her overall supervision
• Develops initiatives to promote the welfare and well-being of the Directorate staff.
• Fully support, empower, motivate staff to achieve key performance indicators.

08 Compliance with Project Agreements and Finance Policies.
• Ensure you obtain and Maintain copies of Project agreements and their addendums.
• Ensure to keep track of financial obligations that are stated in the agreements.
• Ensure that you and the team you supervise are aware of the financial policy requirements and are fully complied with.

09 Carries out any other lawful assignment allocated by the immediate Supervisor.
• The jobholder is cooperative and readily responds to any ad hoc tasks assigned to him.

QUALIFICATIONS/REQUIREMENTS
• Minimum qualifications, working experience and competencies:
• Education Qualifications
• Minimum Bachelor’s Degree in Accounting, Finance, Commerce or any related field an approved, recognized and reputable university.
• Certified Professional Accountancy qualification; i.e.; ACCA, CIMA, CPA is a MUST.
• Possession of a Master’s degree in Accounting, finance, Business Administration (Finance) or any related field an approved, recognized and reputable university is an added advantage.

Essential Experience
• Minimum of five (5) years’ relevant work experience in accounting and finance function in a large organization; three (3) of the years with supervisory responsibilities.
• Experience in using Financial Management Information Systems (NAVISON accounting package is an added advantage).

Core Competencies
• Negotiation and conflict management
• Innovation and creatively
• Stakeholder management
• Commitment to continuous learning
• Communication
• Technology awareness
• Policy research and development
• Change capability and adaptability
• Manage resources
• Empowering and building trust.

Knowledge and Skills
• Must have sound knowledge of computerized Accounting.
• Must be cost conscious and able to implement and enforce effective budgetary controls.
• Must have high level of integrity, with attendant independence and ability to make sound financial decisions.
• Ability to lead and manage people, proactive approach to work, problem solving and attention to detail.
• Strong knowledge of project financial management
• Proficiency in bookkeeping and double-entry accounting
• Financial analysis and corporate financial reporting
• Financial Risk Management
• Budgeting and budgetary control
• Good communication and reporting skills
• Tax laws and systems in Uganda.

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure
Please send your filled application form and attach your academic transcripts and certificates. The filled application forms, academic transcripts and certificates should be e-mailed to; vacancies@redcrossug.org or hand delivered, and or by post to:
The Secretary General,
Uganda Red Cross Society,
Plot 551/555 Rubaga Road,
P.O. Box 494, Kampala, Uganda.
Email: vacancies@redcrossug.org 
Closing date for receipt of the applications is 21st December 2022 by 5:00 p.m. Due to large volumes of applications; only short listed candidates shall be contacted. Canvassing shall lead to automatic disqualification.

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